Though there has been a fierce lawsuit battle going on between Saleen Performance Vehicles and the Steve Saleen but the 435S Ford Mustang GT to be released in 2010, a new Saleen GT will have many unique parts that will enhance its performance. The ongoing lawsuit between Steve Saleen and MJ Acquisition is on the issue of Saleen Performance Vehicles still using the name Saleen, which Mr. Saleen has objection over. However, the MJ Acquisitions is free to release new Saleen models in the market till the issue is resolved by the court. The company launched the brand new 435S Mustang at an event for Mustang enthusiasts at Myrtle Beach in South Carolina. The new car is based on the Ford Mustang GT platform. A Saleen Series VI supercharger with an output of 435hp has been used in the newly redesigned Mustang. Other specification of the supercharger includes 425 ft-lbs of torque which is extracted from a 4.6 liter V8 engine.

A Racecraft suspension kit has been used to lower the newly redesigned 435S Mustang by 1.5 inches from its stock model of 2010 Ford Mustang GT. On the exterior redesigning front, unique Saleen badges as well as chevrons wrapped around the car make it look attractive apart from the 18 inch high performance alloy wheels. Within the car, a short-throw performance shifter has been installed by Saleen for its five-speed manual transmission. Saleen Performance Vehicles plan to release a more powerful version of the car at SEMA at the end of the year. The Saleen 435S Ford Mustang will go on sale for public at around spring of 2010.